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Multiparameter Patient Monitoring Market size was valued at more than USD 10 billion in 2022 and is anticipated to grow at over 5.5% CAGR between 2023 and 2032 driven by rising incidences of chronic illnesses in developing regions.
Increasing use of portable, at-home patient monitoring systems, particularly in North America and Europe, is expected to fuel industry expansion. The rising number of elder people with chronic illnesses in nations including the U.S. and Canada needing constant crucial monitoring is driving the adoption rate of portable multiparameter patient monitoring devices, which is likely to push the market progress.
Report Attribute | Details |
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Base Year: | 2022 |
Multiparameter Patient Monitoring Market Size in 2022: | USD 10 Billion |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 5.5% |
2032 Value Projection: | USD 17 Billion |
Historical Data for: | 2018 to 2022 |
No. of Pages: | 158 |
Tables, Charts & Figures: | 202 |
Segments covered: | Device, Acuity Level, End-use, and Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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